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  • January 28, 2009 at 6:06 PM #14929
    patb
    Participant

    Starbucks just announced they are stopping 401K contributions and
    cutting 7000 employees.

    i’m going to argue that starbucks is toast.

    now their revenues are growing slowly but SG&A went up 50%,
    so they are either flogging like crazy, or weird lease bills are
    coming due, i suspect both, and while they have booked assets,
    i suspect a lot of the properties are caught in the CRE implosion.

    Well, i always hated starbucks anyways.

    January 28, 2009 at 10:34 PM #337916
    woodrow
    Participant

    wat?

    Starbucks is a printing press dude. They own the retail coffee business in the richest country on the planet. Zero chance they go bankrupt.

    January 28, 2009 at 10:34 PM #338245
    woodrow
    Participant

    wat?

    Starbucks is a printing press dude. They own the retail coffee business in the richest country on the planet. Zero chance they go bankrupt.

    January 28, 2009 at 10:34 PM #338339
    woodrow
    Participant

    wat?

    Starbucks is a printing press dude. They own the retail coffee business in the richest country on the planet. Zero chance they go bankrupt.

    January 28, 2009 at 10:34 PM #338366
    woodrow
    Participant

    wat?

    Starbucks is a printing press dude. They own the retail coffee business in the richest country on the planet. Zero chance they go bankrupt.

    January 28, 2009 at 10:34 PM #338458
    woodrow
    Participant

    wat?

    Starbucks is a printing press dude. They own the retail coffee business in the richest country on the planet. Zero chance they go bankrupt.

    January 28, 2009 at 11:16 PM #337946
    bsrsharma
    Participant

    They are hurting, they are not profitable – But they are long way from fear of bankruptcy. They are sitting on $269M cash.

    I think they will muddle through with a fluctuating small profit/loss pattern till the end of recession. They will cut costs by downsizing, layoffs, store closing etc.,

    If you are talking of bankruptcy, a lot of middle and upscale eateries will go first. Applebee’s, IHOPs & Chili’s have more to worry.

    McDonald’s is of course, the winner. Anything that bills double digits is an endangered species.

    January 28, 2009 at 11:16 PM #338276
    bsrsharma
    Participant

    They are hurting, they are not profitable – But they are long way from fear of bankruptcy. They are sitting on $269M cash.

    I think they will muddle through with a fluctuating small profit/loss pattern till the end of recession. They will cut costs by downsizing, layoffs, store closing etc.,

    If you are talking of bankruptcy, a lot of middle and upscale eateries will go first. Applebee’s, IHOPs & Chili’s have more to worry.

    McDonald’s is of course, the winner. Anything that bills double digits is an endangered species.

    January 28, 2009 at 11:16 PM #338369
    bsrsharma
    Participant

    They are hurting, they are not profitable – But they are long way from fear of bankruptcy. They are sitting on $269M cash.

    I think they will muddle through with a fluctuating small profit/loss pattern till the end of recession. They will cut costs by downsizing, layoffs, store closing etc.,

    If you are talking of bankruptcy, a lot of middle and upscale eateries will go first. Applebee’s, IHOPs & Chili’s have more to worry.

    McDonald’s is of course, the winner. Anything that bills double digits is an endangered species.

    January 28, 2009 at 11:16 PM #338396
    bsrsharma
    Participant

    They are hurting, they are not profitable – But they are long way from fear of bankruptcy. They are sitting on $269M cash.

    I think they will muddle through with a fluctuating small profit/loss pattern till the end of recession. They will cut costs by downsizing, layoffs, store closing etc.,

    If you are talking of bankruptcy, a lot of middle and upscale eateries will go first. Applebee’s, IHOPs & Chili’s have more to worry.

    McDonald’s is of course, the winner. Anything that bills double digits is an endangered species.

    January 28, 2009 at 11:16 PM #338488
    bsrsharma
    Participant

    They are hurting, they are not profitable – But they are long way from fear of bankruptcy. They are sitting on $269M cash.

    I think they will muddle through with a fluctuating small profit/loss pattern till the end of recession. They will cut costs by downsizing, layoffs, store closing etc.,

    If you are talking of bankruptcy, a lot of middle and upscale eateries will go first. Applebee’s, IHOPs & Chili’s have more to worry.

    McDonald’s is of course, the winner. Anything that bills double digits is an endangered species.

    February 12, 2009 at 11:26 AM #345577
    donaldduckmoore
    Participant

    I think coffee business is disposable. People do not drink coffee if they do have to or when they do not have excess money. Besides they can make their own coffee at home or office, why Starbuck?!

    February 12, 2009 at 11:26 AM #345544
    donaldduckmoore
    Participant

    I think coffee business is disposable. People do not drink coffee if they do have to or when they do not have excess money. Besides they can make their own coffee at home or office, why Starbuck?!

    February 12, 2009 at 11:26 AM #345675
    donaldduckmoore
    Participant

    I think coffee business is disposable. People do not drink coffee if they do have to or when they do not have excess money. Besides they can make their own coffee at home or office, why Starbuck?!

    February 12, 2009 at 11:26 AM #345437
    donaldduckmoore
    Participant

    I think coffee business is disposable. People do not drink coffee if they do have to or when they do not have excess money. Besides they can make their own coffee at home or office, why Starbuck?!

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